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ALTON assists its clients in setting up Limited Liability Companies (LLCs) and Corporations. Which of the two types of companies is the best to incorporate? A general answer to this question is certainly not possible. The selection of the appropriate legal form depends on the individual start-up project or projects. To provide a basis for a good decision, for comparison, we consider here again, by comparison, the aspects of both types. On its own, those listed on the "Advantages and Disadvantages" page are provided to give entrepreneurs some of the individual characteristics.
Corporation | LLC | |
| Organs of the Enterprise: | Board of Directors, Executive Officers, Shareholder Meeting | optionally Member-Meeting |
| Formation with a single person possible: | Yes | Yes |
| Comparable with: | Foreign Corporation | Foreign Limited Liability Company |
| Capable of Action in foreign country: | Yes | Yes |
| Company is a: | Corporate enterprise | Sole proprietorship or corporate enterprise |
| Enduration of company on absense of a member: | Yes | Only if agreed on member agreement |
| Acquisition of bonded capital: | Possible through issuance of shares | Possible through issuance of member certificates |
| Limitation of liability for entrepreneur: | Yes | Yes |
| Verifiable share capital: | Not essential | Not essential |
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Our company WorldTra.de LLC was connected professionally and personally with ALTON LLC from 2005 until our move in 2008. In addition to some good advice, Mr. Karagoz always completed his Registered Agent duties with absolute integrity and to our utmost satisfaction. Unfortunately these days this is something one rarely finds . With Mr. Karagoz and his service, you will be well served ... no ifs, ands or buts.- M. Juenemann (Worldtra.de LLC)
